Crypto Crisis: FTX’s Sam Bankman-Fried Questioned by Police

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The Street

By Luc Olinga Suspicious withdrawals have been made on FTX, while accounts of his empire have been frozen by a rival. After the shock, the moment to understand what happened and to assign responsibility has come. Sam Bankman-Fried, 30, the former king of cryptocurrencies, was questioned on November 12 by the Bahamian police and regulators, the day after his company, FTX, filed for Chapter 11 bankruptcy, according toBloomberg News. Bankman-Fried, who lives in the Bahamas, resigned on November 11. He was replaced as CEO by John J. Ray, known for being the liquidator of disgraced brokerage Enron….

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